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Laboratory Testing Services in Prince Edward Island

Author.Name IBISWorld Canada Last Updated: August 2025 NAICS PE54138CA

Laboratory Testing Services in Prince Edward Island industry analysis

Revenue for the Laboratory Testing Services industry in Prince Edward Island is expected to decline an annualized -x.x% to $x.x million over the five years to 2025, while revenue for the national industry will likely decline at -x.x% during the same period. The number of industry establishments has decreased an annualized -x.x% to x locations over the past five years. Industry employment has decreased an annualized -x.x% to xx workers during the period, while industry wages have decreased an annualized -x.x% to $x.x million.

Over the five years to 2030, provincial industry revenue is expected to grow an annualized x% to $x.x million, while revenue for the national industry will likely grow x.x%. The number of industry establishments is forecast to grow x.x% to x locations over the next five years. Industry employment is expected to increase an annualized x.x% to xx workers during the outlook period, while industry wages likely increase x% to $x.x million.

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About the Laboratory Testing Services in Prince Edward Island Market Research Report

What’s Included in the Laboratory Testing Services in Prince Edward Island Market Research Report

Definition of the Laboratory Testing Services in Prince Edward Island?

Laboratories in Canada perform physical, chemical and other analytical testing for commercial purposes. Such testing may occur in a laboratory or on-site where the product is manufactured or developed. Most results from industry-led tests are checked against government regulations and environmental, industrial and product standards.

What’s included in the Laboratory Testing Services in Prince Edward Island?

The Laboratory Testing Services in Prince Edward Island includes product performance testing and certification, biological and chemical testing, agriculture and food testing, energy testing, environmental testing, electrical testing, providing forensic services, geotechnical testing, industrial testing and mechanical testing. Related terms covered in the Laboratory Testing Services in Prince Edward Island industry report includes creative work undertaken by a company to increase knowledge that can be applied to developing a new product or improving an existing one, confirmation that a product has passed a certain test and a test that establishes the relationship between the values of quantities indicated by a measuring instrument and the corresponding values realised.

Industry Performance of the Laboratory Testing Services industry in Prince Edward Island

Benchmark the Laboratory Testing Services in Prince Edward Island industry performance with all PE Census Metropolitan Area and national performance.

Laboratory Testing Services in Prince Edward Island

#11 in Highest Revenue 0.1% of province's GDP
Revenue (2025)
Annual Growth (2020-25)
Annual Growth (2025-30)

Laboratory Testing Services in Canada


Revenue (2024)
Annual Growth (2019-24)
Annual Growth (2024-29)

For the full list of industry drivers, see report purchase options.

Key Drivers of the Laboratory Testing Services industry in Prince Edward Island

See how key industry drivers, such as median houshold income, gross domestic product, private investment in non-residential construction, research and development expenditure, corporate profit and consumer confidence index are impacting Laboratory Testing Services in Prince Edward Island

Prince Edward Island Economic Indicators

Median Houshold Income
Gross Domestic Product
Private Investment in Non-Residential Construction

View more economic information in PE State Economic profile

Canada Key External Drivers

Research and development expenditure
Corporate profit
Consumer confidence index

For the full list of industry drivers, see report purchase options.

Census Metropolitan Area Data of the Laboratory Testing Services industry in Prince Edward Island

Access proprietary data on Census Metropolitan Area in the Laboratory Testing Services in Prince Edward Island, such as Summerside. Data includes figures on revenue, establishments, employees and wages by Census Metropolitan Areas.

Key Statistics of the Laboratory Testing Services industry in Prince Edward Island

Download 18 years of historical data and 5 years of projected performance.

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Top Questions Answered in this Report

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What is the market size of the Laboratory Testing Services industry in Prince Edward Island in 2025?

The market size of the Laboratory Testing Services industry in Prince Edward Island is $3.2m in 2025.

How many businesses are there in the Laboratory Testing Services industry in Prince Edward Island in 2025?

There are 4 businesses in the Laboratory Testing Services industry in Prince Edward Island, which has been declining at an average annual rate of -7.8% from 2020 to 2025.

Has the Laboratory Testing Services industry in Prince Edward Island grown or declined over the past 5 years?

The market size of the Laboratory Testing Services industry in Prince Edward Island has been declining at an average annual rate of -8.7% from 2020 to 2025.

How many employees in the Laboratory Testing Services industry in Prince Edward Island in 2025?

There are 18 employees in the Laboratory Testing Services industry in Prince Edward Island, which has been declining at an average annual rate of -7.8% from 2020 to 2025.